63 m. ago Trump admin launches immigration crackdown in Massachusetts, reports say

The Trump administration has launched an operation in Massachusetts to arrest and deport undocumented immigrants, The New York Times and Boston media reported on Saturday, quoting the US Department of Homeland Security as saying it was targeting “criminal aliens” living in the state. DHS and its US Immigration and Customs Enforcement arm are calling the operation Patriot 2.0, modifying the name of a May deportation surge that led to the arrest of 1,500 people in the state, according to the...

Politics

3 h. ago US, Canada, UK, Argentina, Spain, France, Germany, China, and Chile Lead Record

US, Canada, UK, Argentina, Spain, France, Germany, China, and Chile Lead Record-Breaking Air Tourism Surge in Mexico Driving Massive Tourism Revenue and Expanding International Market Opportunities  Travel And Tour World

Politics

5 h. ago RFK Jnr’s family members say he’s a threat to Americans’ health

Members of Robert F. Kennedy Jnr’s family are calling for him to step down as health secretary following a contentious congressional hearing this past week, during which the Trump cabinet official faced bipartisan questioning about his tumultuous leadership of federal health agencies. Kennedy’s sister, Kerry Kennedy, and his nephew, Joseph P. Kennedy III, issued scathing statements on Friday, calling for him to resign as head of the Health and Human Services Department. The calls from the...

Events

10 h. ago Hong Kong’s Cathay seeks police help in removing ‘intoxicated’ passenger

Hong Kong flag carrier Cathay Pacific Airways called for police to help remove a passenger who was reportedly intoxicated and behaving in an unruly manner, resulting in a flight delay of nearly two hours. The carrier said on Saturday that flight CX255 from Hong Kong to London, scheduled to depart at 11.15pm on September 4, was delayed due to a 38-year-old British male passenger. “The captain made the decision to offload the concerned passenger in accordance with the safety guidelines, and the...

Events

10 h. ago Will America’s extended trade truce with China be a boon for farmers in the US Midwest?

There is a major divide in the American heartland. US farm states are facing a drop in exports of key commodities as Beijing turns to alternative suppliers, primarily in Brazil, as a result of Donald Trump’s trade war. Some farmers, however, want to give the US president the benefit of the doubt that his go-slow approach to Beijing will eventually bear fruit in the form of more orders from China as well as other trading partners. Others fear that no combination of new markets will replace the...

Politics

15 h. ago China investigates former stock market regulator Yi Huiman for disciplinary breaches

China investigates former stock market regulator Yi Huiman for disciplinary breaches  Yahoo Finance

Economics

15 h. ago Chinese embassy calls US House Republicans' report targeting China

Chinese embassy calls US House Republicans' report targeting China-US research collaboration 'groundless'  Global Times

Politics

21 h. ago China investigates former stocks regulator Yi Huiman for disciplinary breaches

Yi Huiman, the former regulator of China’s equities market, is being investigated for disciplinary breaches, as the country’s long-standing anti-graft campaign extends into all corners of the financial industry, from banking to the stock market. Yi, the chairman of the China Securities Regulatory Commission (CSRC) from January 2019 to February 2024, is being investigated by the Communist Party’s disciplinary unit for severe breaches of discipline, according to the Central Commission for...

Events

22 h. ago China’s yuan rallies with central bank backing as worries mount over US dollar

A recent rally in China’s yuan has been primarily fuelled by stronger guidance from its central bank rather than by market forces, analysts said, pointing to a mostly steady US dollar index. However, they noted, this period of strengthening is likely to remain measured, as Beijing prefers to avoid harming the competitiveness of its exporters amid trade tensions with the United States. Over just five trading days last week, the People’s Bank of China pushed the yuan’s reference rate against the...

Politics

23 h. ago Venezuela’s Maduro calls for talks after Trump’s threat over military jets

Venezuelan leader Nicolas Maduro has called for dialogue with Washington, hours after President Donald Trump threatened to shoot down Venezuelan military jets if they pose a danger to US forces. Tensions between the two countries soared in recent days after the Pentagon accused Venezuela of buzzing its ships in the Caribbean following a deadly US strike on an alleged Venezuelan drug boat. “None of the differences we have and have had can lead to a military conflict,” Maduro said on Friday in a...

Events

23 h. ago Young Chinese are trying out the simple life. Am I missing out?

When my friend Lee first lost his job in 2023, he was terrified. From the moment he graduated in 2016, he had been working nonstop. He had changed jobs a couple of times, but always had a choice – he had never been kicked out of the job market like this. Lee worked in the traditional publishing business, editing children’s books. The industry has been tanking, with the rise of digital books, and the post-pandemic slump doesn’t help. He was laid off with half of his colleagues, with a small...

Events

24 h. ago This Week in Review | Tariffs, Russia–China–India, Bond Markets

This Week in Review | Tariffs, Russia–China–India, Bond Markets  Fisher Investments

Economics

26 h. ago China’s biotech industry is gaining on the US. Can tariffs hold them back?

In the summer of 2015, a time when China’s pharmaceutical market was in a phase of rapid expansion, a sudden regulatory change sent tremors through the industry: drug companies would need to audit the clinical trial data for all pending applications. If withdrawn within a month of the announcement, firms could avoid penalties for submitting flawed applications, but hiding or falsifying data would court severe punishments, including multi-year filing bans. The response from the industry indicated...

Economics

31 h. ago Navy Seals killed North Korean civilians in botched 2019 mission: US report

US Navy Seals shot and killed a number of North Korean civilians during a botched covert mission to plant a listening device in the nuclear-armed country during high-stakes diplomatic negotiations in 2019, The New York Times reported on Friday. Citing unidentified sources, including current and former military officials with knowledge of the still-classified details, the newspaper said US President Donald Trump approved the operation during his first administration, as he was involved in...

Events

33 h. ago China’s Grand Reception for Kim Jong Un: Strategic Reset or Warning Shot?

China’s Grand Reception for Kim Jong Un: Strategic Reset or Warning Shot?  38 North

Events

33 h. ago When Adidas, Crocs and Vans Want to Sell More in China, They Call This Designer

When Adidas, Crocs and Vans Want to Sell More in China, They Call This Designer  The Wall Street Journal

Politics

35 h. ago Wall Street climbs to new highs on hopes of interest rate cuts

US stocks are rising to more records on expectations that the Federal Reserve will have to cut interest rates soon to help the economy. The S&P 500 climbed 0.4 per cent on Friday. The Dow Jones Industrial Average added 93 points, and the Nasdaq composite gained 0.7 per cent. The action was much stronger in the bond market, where Treasury yields tumbled following the latest weaker-than-expected update on the US job market. That raised expectations for a cut to rates by the Fed later this month....

Politics

35 h. ago US stocks wobble as Wall Street wrangles with whether job market is too weak

US stocks wobbled lower on Friday as Wall Street questioned whether the US job market has slowed by just enough to get the Federal Reserve to cut interest rates to help the economy, or by so much that a downturn may be on the way. After rising to an early gain, the S&P 500 erased it and fell 0.3 per cent below the all-time high it set the day before. The Dow Jones Industrial Average dropped 220 points, or 0.5 per cent, after swinging between an early gain of nearly 150 points and a loss of 400....

Politics

35 h. ago Hiring stalls as US firms hold back expansion amid economic uncertainty

US employers added just 22,000 jobs last month as the labour market continued to cool under uncertainty over President Donald Trump’s economic policies. The Labor Department said on Friday that hiring decelerated from 79,000 in July and came in below the roughly 80,000 economists had expected for August. The unemployment rate ticked up to 4.3 per cent, also worse than expected and the highest level since 2021, the Labor Department reported on Friday. When the department put out a disappointing...

Economics

37 h. ago Analysts mixed on outlook for Sun Hung Kai Properties’ shares

Analysts said they had mixed views about Sun Hung Kai Properties’ (SHKP) shares after Hong Kong’s largest property developer by market capitalisation reported a slight increase in its full-year earnings. On Friday, Morningstar cut its price target for SHKP to HK$105 from HK$115, but said the company was trading at a good discount. UOB Kay Hian and Morgan Stanley said the earnings were largely in line with expectations. The US investment bank had an overweight recommendation and expected earnings...

Politics